Apple company suspected of tax evasion by Italy fined $ 347 million

According to foreign media reports, Apple (hereinafter "Apple") has agreed to the Italy Government paid 318 million euros (about us $ 347 million) fine to end Italy tax authorities launched a tax evasion investigation of Apple. Italy Inland Revenue Department in early March found that Apple in Italy suspected of tax evasion about 879 million euros (US $ 964 million). The survey, in the period from 2008 to 2013, Apple uses Ireland reduce the taxable income of the subsidiary bodies, so as to reduce the tax payable.

Italy tax department said of apples on the ground to evade tax through Ireland "intermediaries", embodied in the form of: Apple a portion of the revenue in Ireland branch, thus avoiding to Italy to pay taxes. It is reported that during the tax period, Apple in Ireland only need to deliver at least a 2% tax, far below the United States 35%.

Italy's findings, Apple had said in a message that Apple is one of the world's largest taxpayer, Italy regulators had reviewed the financial situation of the company from 2008 to 2009, and to demonstrate compliance with regulations, and new allegation without any basis.

In addition to Italy, the European Commission last June to Apple Ireland investigating tax issues. Reports of Apple in Ireland to establish subsidiaries to evade billions of dollars in back taxes. Also, Apple store most overseas profits in Ireland company.

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